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Workforce Dynamics: Navigating a Diverse and Evolving Economy

Explore the changing global economy, diverse labor force, theoretical perspectives on work, and worker safety. Learn about different economic systems, perspectives on work, and categories of workers. Discover the impact of immigration on the labor market, worker satisfaction, and safety.

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Workforce Dynamics: Navigating a Diverse and Evolving Economy

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  1. Chapter 18 Economy and Work

  2. Chapter Outline • Economy and Society • The Changing Global Economy • Theoretical Perspectives on Work • Characteristics of the Labor Force • Diversity in the American Occupational System • Worker Safety 

  3. The Industrial Revolution Brought far-reaching social changes including: • The separation of work and family • Transformation of the consumption of energy • Specialization • Cash-based economy 

  4. Economic Systems • Capitalism - based on market competition, private property and pursuit of profit. • Socialism - the means of production are the property of the state. • Communism - state is the sole owner of the systems of production.

  5. Functionalist Perspective on Work

  6. Conflict Perspective on Work

  7. Symbolic Interactionist Perspective on Work

  8. A Diverse Workplace • Majority of workers are White women and people of color. • As the “Baby Boomers” pass through middle age, the labor market will see an increase in the number of older people. • The better jobs now require education and training.

  9. A Diverse Workplace • Manufacturing industries, where racial minorities have historically been able to get jobs, are in decline. • New technologies, corporate layoffs, underemployment, and the decline in real income are all features of today’s experience in the workplace.

  10. Categories of Workers • Managerial and professional • Technical, sales and administrative support • Service occupations • Precision production, craft and repair • Operators, fabricators, and laborers • Farming, forestry and fishing

  11. Sexual Harassment Two primary forms are recognized in the law: • Quid pro quo - forces sexual compliance in exchange for an employment or educational benefit. • Hostile working environment - unwanted sexual behaviors are a condition of work.

  12. Immigration and the Labor Market • High rate of immigration is transforming the labor market • Some groups form areas of ethnically owned businesses that serve ethnic communities.

  13. Worker Satisfaction and Safety Greater worker satisfaction is associated with work that is: • Rewarding and challenging • Provides for advancement • Makes workers feel responsible for their achievements.

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